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Listed by Mitchell Zurich • Marcus & Millichap, DRE#01870648
$3,400,000
Est. payment /mo
3 Beds
2 Baths
6,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,900 sqft
Price per Sqft $492
MLS Listing ID ML82054051
Bedrooms 3
Full Baths 2
Year Built 1958
Lot Size 0.252 Acres
Property Sub-Type Five or More Units
Property Description
The Zurich Group of Marcus & Millichap is pleased to exclusively present 3531 Alden Way, a nine unit apartment community located in the heart of West San Jose. The property features a desirable unit mix of spacious two bedroom, two bathroom apartments and offers investors strong in place income with additional upside potential through continued rental growth. Ideally situated just minutes from Santana Row, Valley Fair, Apple, NVIDIA, and the expanding OpenAI campus, the location provides exceptional access to Silicon Valley's largest employment centers and premier shopping and dining. 3531 Alden Way presents an outstanding opportunity to acquire a well located multifamily investment in one of the region's most desirable rental markets. The neighboring property at 3537 Alden Way (8 units) is also available, providing the flexibility to purchase either property individually or both together as a 17 unit portfolio. Offering Memorandum and Deal Room access are available upon request.
Location
State CA
County Santa Clara
Area Campbell
Zoning RM
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Covered Parking
Utilities Available Individual Electric Meters
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 303-29-010
Security Features None
Special Listing Condition Not Applicable
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Kamala Venkatesan
Agent | License ID: DRE# 01387418
Agent License ID: DRE# 01387418